How To Start Vtu Business In Nigeria
Data reselling business in Nigeria has become one of the most lucrative online business since the outbreak of Covid19. This business is the type that requires a small amount of money as input, but a significant amount of money as an output. Data Reselling is a form of business in which an individual buys data bundles in bulk and resells to consumers at small quantities. A data reseller in an individual who purchases data bundles from a platform and telecommunication companies and sells to people at a higher price to make a profit.
These days, financial institutions such as banks, fintech companies have added airtime top-up and data purchase to their services. They get to make money when their customer purchase data and airtime from their platform.
Nigeria has four telecommunications companies which are
1 MTN
2 AIRTEL
3 GLO
4 9MOBILE
We sell MTN 1GB as low as N218 and sell them N300 or more.
A data reseller can purchase such data at a cheaper rate and sell to his customers at a higher rate. To start data reselling business in Nigeria
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Who Is A Data Reseller?
A data reseller is an individual who gets internet data bundles at a very cheap price and resells it at his own rate to earn profit from it. A data reseller can sell data through his website, social media channels or via his wallet. Today, we have a lot of data resellers selling internet data on Facebook and Instagram. A data reseller is a middleman between the telecommunication company and the consumer. The data reseller buys bulk data at a reduced price and he sells it to the end-users.
How Start Data Reselling Business
Have you ever thought about starting a data reselling business for yourself? The following are the requirements for starting data reselling business:
1 Android.
2 Internet Connection.
3 Finance or Capital.
4 Bank Account.
5 A minimum of N1,000 to start
Money is involved when starting a business venture, especially if it is a genuine one. Data reselling is not one of the ways to make money online without paying anything. As a matter of fact, you need to invest or spend money before you start data reselling business. However, this is not to say that you need to break the bank or empty your account to start. When starting the data reselling business, you need money to purchase data and also fund your wallet.
Data reselling is an online business which cannot work without a mobile phone or pc. You can deputize your smartphone to start this business. So there is no problem if you don’t have a laptop or computer system. You can run your data reselling business effectively from your mobile.
Data reselling also requires internet. You should have a steady internet around your area if you intend to start this business venture. Most of the data resellers find customers online and also sell data online to their customers. Hence, you need to have a stay online regularly.
Also, you need to have a bank account that will serve as a way to collect payment. Your bank account is the channel where you get payments from your customers. After you must have received orders from your customers, you get to forward your account details to your customers. After you receive payment, you can go on to process the order and send the data to your customer.
Guide on How To Start
To start Data reselling business in Nigeria, you need a trusted reselling platform strongmb.ng/sign_up/ . is a platform where you can get airtime and data at cheap rates. Even if you are not buying data in bulk, these allow you to get access to cheap data bundles and strong one.
• Regester on Strongmb
• Fund your wallet
• Advertise your business
• Start selling data
You can create awareness about your business and make people know that you sell internet data bundles online. Making money in the data reselling business will never be a problem for you if you have customers.
Update: 9, Jul 2023
